An imminent uptrend?

Which cycle are the property market of Malaysia in right now? Peak high? or deep mud?


The property market will only start its upward trend again in 2018/2019 before peaking again in 2020/2021 , by The Sun. It is also mentioned that although the market are looking real bad right now, but things will soon come to a turn as everything is a cycle. Few years round and the market will be emerging again from its damaged form since few years back.


In 2017, the housing market is expected to continue slow growth, due to concerns about the slowing economy and the ringgit's weak performance, among others. Not to mention the high-rising debt ratio of Malaysians and more scandals from GLCs ( Government-Linked Corporations) which definitely affect much of our currency and stocks market.

According to New Straits Time, house prices in Kuala Lumpur continue on an uptrend, posting a modest 5.1 per cent year-on-year increase, despite the weaker property market condition. 

Why? Because properties are your assets. Your net worth. It doesn't run and it doesn't leave you in one night. 

Even when the market sentiment is not optimistic, house prices continue to rise. Despite the fact that the salary is not increasing linearly along in a reasonable way, which has been mentioned for years now, the price is still increasing. 

Don't try to time the market for property bubble popping and price dropping significantly. The price will always continue to rise. Our Malaysia currency was the worst performing currency in whole Asia for the year, clipped together with the scandals of 2.6bil donations and 1MDB debts and more. You know what? Our economic growth continue to grew by 4.3% y-o-y (year on year basis) and housing price continue to rise as well.

Can you imagine when your next of kin grow up and start to buy their own properties, what price will be given at that time? Will their salary level increase much better compare to now? Did your salary differ much compare to your father and mother generation? As much as the property price difference?

Stay tune to this blog for more info on Penang property market news!
New project from May2017 :
- Urban Suites
- Golden Triangle 2

You can just leave a message or pm me if you wish to know more about available housing projects in Penang! 

W.